Altcoin season remains selective: Cardano, Dogwifhat and Fartcoin record trade volume, while Bitcoin dominance remains over 60%

Altcoin season remains selective: Cardano, Dogwifhat and Fartcoin record trade volume, while Bitcoin dominance remains over 60%

Altcoin Season: A look at the current trends in the cryptomarkt

In the current phase of the Altcoin Season, a selective development in the cryptom market is shown. While Bitcoin continues to play a dominant role and keeps its dominance over 60%, some old coins, such as Cardano, Dogwifhat and Fartcoin, have won in market volume.

The Bitcoin dominance, an indicator of the market share of Bitcoin compared to other cryptocurrencies, is still stable. This indicates that investors still have great confidence in Bitcoin, while they are active in certain altcoins at the same time.

Cardano, known for his innovative blockchain technology, increases the interest of investors. The scalability and the possibility of implementing smart contracts make Cardano particularly attractive in the current market situation.

Dogwifhat and Fartcoin have also become more important. These old coins present unique approaches and community orientation, which makes them interesting for a specific target group of investors.

Overall, the Altcoin Season remains shaped by a targeted selection. Investors tend to concentrate on projects that offer innovations and have potential for scaling, while Bitcoin continues to dominate as a safe harbor currency.

It remains to be seen how this dynamic situation will develop in the cryptoma market. The selected demand for certain old coins could indicate long -term trends and trust in innovative technologies.